The total prize pool for the event was $61,043,600 and there were 6,494 entrants.

Ivey and Shulman were the big names at the table. Ivey is accepted by all to be the poker player in the world and may even be the best of all time. Ivey won 2 WSOP bracelets this year and has won a total of 7 in his life.

While many in the Penn and Teller Theater were rooting for Phil Ivey to take the Main Event title, the acclaimed pro does have something to hold onto from his 2009 run. With the seventh place prize of $1,404,014 and his other two bracelet wins, the man considered by many to be the finest poker player in the world increased his lifetime tournament earnings to $12,236,714. This leaves the Full Tilt Poker pro only slightly over $190,000 behind fellow top professional and PokerStars sponsored player Daniel Negreanu for the most money earned in a career.

Finally, the WSOP crossed an important threshold. With the $174,013,315 in prize pools paid out to winners this year, the WSOP crossed the $1 billion mark in prize pools in its history. In the past four years, there has been approximately $685 million in prize pools generated; in the years from 1970 to 2005, only $354 million was generated. The grand total of prize pools in the history of the WSOP now stands at $1,041,266,592.

Here are some of the big hands of the final table:

This is Ivey being eliminated:

The crowd was on their feet. Seasoned pros with millions in prop bets on the line crossed their fingers and looked heavenward. Phil Ivey was all-in with against Moon’s , a nearly 3-1 favorite to double up. Hold. One time. Please.

“Good hand,” Moon said, looking at Ivey.

“Good hand? Good hand he said!” Ivey laughed. “Well it’s better than mine,” he said, biting into an apple.

As we all know now, the flop was a disaster for the seven-time bracelet winner, coming down .

“How do they put a f***ing queen right in the window,” Mike Matusow muttered, as he and Howard Lederer looked on.

Ivey, however, calmly took another bite of his apple as he waited for the turn and river to seal his elimination, still chewing as he shook hands around the table and made his exit.

In the front row, Cliff “JohnnyBax” Josephy (one of Joe Cada’s backers) couldn’t hide his ear-to-ear grin as he mentally counted up the tens of thousands more he just won with his horse taking a bigger lead in the race.

Ivey making a bad fold with his pockets Jacks:

On the last hand before the dinner break, Ivey opened from under the gun, then folded to Saout’s three-bet after a long stay in the tank. We were “wamboozled” to discover that Ivey folded in that spot while Saout held .

A good bluff by Cada on Moon:

Hand 53 saw Cada make a river raise on a board of , Moon looking him up with for aces up. As it turned out, Cada was bluffing with nothing more than a small busted flush draw, the in his hand.

A terrible bad beat for Saout by chamipon Cada:

Everyone had barely recovered from Buchman’s fourth-place elimination, when Cada stuffed his 40 remaining big blinds in the middle, four-bet shoving with pocket deuces, only to run into Saout’s pocket queens. It looked like curtains for Cada, who had already escaped elimination so many times, but there was still plenty of run-good left in the 21-year-old Michigander. The hit the flop, and the room exploded as Cada leapt into the embrace of his yellow-shirted fans while Saout’s cheering section looked ready to burst into tears.

Ivey also had a tonne of sidebets on him winning the event. He’d have taken home an extra 5 or 6 million dollars from fellow poker pros had he won the event.

With still a monstrous field of roughly 2,500 players remaining in this year’s main event, Bloch offered Ivey 99:1 odds that he wouldn’t win the tournament.

“He took $20,000 from his pocket and he threw it to Andy,” Elezra said. That spur-of-the-moment decision could cost Bloch nearly $2 million.

Before the buzz had even begun to subside from the poker community becoming aware of the Bloch bet, Tom “durrrr” Dwan reportedly admitted that he would have to give Ivey $1 million as well if he were to become world champion.